>BEDGI6CI H6;:IL >CHIGJ8I>DC
EA:6H: G:69 86G:;JAAL 6AA I=: ;DAADK>C< >BEDGI6CI H6;:<J6G9H
I=6I 6G: 6EEA>867A: ID LDJG :FJ>EB:CI
sp :GCF 1PUVTWEVKQPU o ~NN VJG UCHGV[ CPF QRGTCVKPI KPUVTWEVKQPU UJQWNF DG TGCF DGHQTG VJG RTQFWEV KU QRGTCVGFp tp :GVCKP KPUVTWEVKQPU o <JG UCHGV[ CPF QRGTCVKPI KPUVTWEVKQPU UJQWNF DG TGVCKPGF HQT HWVWTG TGHGTGPEGp
up 0GGF ?CTPKPIU o ~NN YCTPKPIU QP VJG RTQFWEV CPF KP VJG QRGTCVKPI 1PUVTWEVKQPU UJQWNF DG CFJGTGF VQp vp .QNNQY 1PUVTWEVKQPU o ~NN QRGTCVKPI CPF WUG KPUVTWEVKQPU UJQWNF DG HQNNQYGFp
wp +NGCPKPI o =PRNWI VJKU RTQFWEV HTQO VJG YCNN QWVNGV DGHQTG ENGCPKPIp ,Q PQV WUG NKSWKF ENGCPGTU QT CGTQUQN ENGCPGTUp=UG C FCOR ENQVJ HQT ENGCPKPIp
xp ~VVCEJOGPVU o ,Q PQV WUG CVVCEJOGPVU PQV TGEQOOGPFGF D[ VJG RTQFWEV OCPWHCEVWTGT CU VJG[ OC[ ECWUG JC\CTFUp yp ?CVGT CPF 5QKUVWTG o ,Q PQV WUG VJKU RTQFWEV PGCT YCVGT o HQT GZCORNGn PGCT C DCVJ VWDn YCUJ DQYNn MKVEJGP UKPMn QT
NCWPFT[ VWD} KP C YGV DCUGOGPV} QT PGCT C UYKOOKPI RQQN} CPF VJG NKMGp
zp ~ RTQFWEV CPF ECTV EQODKPCVKQP UJQWNF DG OQXGF YKVJ ECTGp 9WKEM UVQRUn GZEGUUKXG HQTEGn CPF WPGXGP UWTHCEGU OC[ ECWUG VJG RTQFWEV CPF ECTV EQODKPCVKQP VQ QXGTVWTPp
{p >GPVKNCVKQP o ;NQVU CPF QRGPKPIU KP VJG ECDKPGV CTG RTQXKFGF HQT XGPVKNCVKQP CPF VQ GPUWTG TGNKCDNG
QRGTCVKQP QH VJG RTQFWEV CPF VQ RTQVGEV KV HTQO QXGTJGCVKPIn CPF VJGUG QRGPKPIU OWUV PQV DG DNQEMGF QT EQXGTGFn <JG QRGPKPIU UJQWNF PGXGT DG DNQEMGF D[ RNCEKPI VJG RTQFWEV QP C DGFn UQHCn TWIn QT QVJGT UKOKNCT UWTHCEGp <JKU RTQFWEV UJQWNF PQV DG RNCEGF KP C DWKNV o KP KPUVCNNCVKQP UWEJ CU C DQQMECUG QT TCEM WPNGUU RTQRGT XGPVKNCVKQP KU RTQXKFGF QT VJG OCPWHCEVWTGTjU KPUVTWEVKQPU JCXG DGGP CFJGTGF VQp
srp 8QYGT ;QWTEGU o <JKU RTQFWEV UJQWNF DG QRGTCVGF QPN[ HTQO VJG V[RG QH RQYGT UQWTEG KPFKECVGF QP VJG OCTMKPI NCDGNn KH [QW CTG PQV UWTG QH VJG V[RG QH RQYGT UWRRN[ VQ [QWT JQOGp +QPUWNV [QWT RTQFWEV FGCNGT QT NQECN RQYGT EQORCP[p.QT RTQFWEVU KPVGPFGF VQ QRGTCVG HTQO DCVVGT[ RQYGTn QT QVJGT UQWTEGUn TGHGT VQ VJG QRGTCVKPI KPUVTWEVKQPUp
ssp /TQWPFKPI QT 8QNCTK\CVKQP o <JKU RTQFWEV OC[ DG GSWKRRGF YKVJ C RQNCTK\GF CNVGTPCVKPIoEWTTGPV NKPG RNWI kC RNWI JCXKPI QPG DNCFG YKFGT VJCP VJG QVJGTlp <JKU RNWI YKNN HKV KPVQ VJG RQYGT QWVNGV QPN[ QPG YC[p <JKU KU C UCHGV[ HGCVWTGp 1H [QW CTG WPCDNG VQ KPUGTV VJG RNWI HWNN[ KPVQ VJG QWVNGV VT[ TGXGTUKPI VJG RNWIn 1H VJG RNWI UJQWNF UVKNN HCKN VQ HKVn EQPVCEV [QWT GNGEVTKEKCP VQ TGRNCEG [QWT QDUQNGVG QWVNGVp ,Q PQV FGHGCV VJG UCHGV[ RWTRQUG QH VJG RQNCTK\GF RNWIp
stp 8QYGT o +QTF 8TQVGEVKQP o 8QYGT o UWRRN[ EQTFU UJQWNF DG TQWVGF UQ VJCV VJG[ CTG PQV NKMGN[ VQ DG YCNMGF QP QT RKPEJGF D[ KVGOU RNCEGF WRQP QT CICKPUV VJGOn RC[KPI RCTVKEWNCT CVVGPVKQP VQ EQTFU CV RNWIUn EQPXGPKGPEG TGEGRVCENGUn CPF VJG RQKPV YJGTG VJG[ GZKV HTQO VJG RTQFWEVp
sup 4KIJVPKPI o .QT CFFGF RTQVGEVKQP HQT VJKU RTQFWEV FWTKPI C NKIJVPKPI UVQTOn QT YJGP KV KU NGHV WPCVVGPFGF CPF WPWUGF HQT NQPI RGTKQFU QH VKOGn WPRNWI KV HTQO VJG YCNN QWVNGV CPF FKUEQPPGEV
VJG CPVGPPC QT ECDNG U[UVGOp <JKU YKNN RTGXGPV FCOCIG VQ VJG RTQFWEV FWG VQ NKIJVPKPI CPF RQYGT o NKPG UWTIGUp
svp 8QYGT 4KPGU o ~P QWVUKFG CPVGPPC U[UVGO UJQWNF PQV DG NQECVGF KP VJG XKEKPKV[ QH QXGTJGCF RQYGT NKPGU QT QVJGT GNGEVTKE NKIJV QT RQYGT EKTEWKVUn QT YJGTG KV ECP HCNN KPVQ UWEJ RQYGT NKPGU QT EKTEWKVUp ?JGP KPUVCNNKPI CP QWVUKFG CPVGPPC U[UVGOn GZVTGOG ECTG UJQWNF DG VCMGP VQ MGGR HTQO VQWEJKPI UWEJ RQYGT NKPGU QT EKTEWKVU CU EQPVCEV YKVJ VJGO OKIJV DG HCVCNp
swp 7XGTNQCFKPI o ,Q PQV QXGTNQCF YCNN QWVNGVUn GZVGPUKQP EQTFUn QT KPVGITCN EQPXGPKGPEG TGEGRVCENGU CU VJKU ECP TGUWNV KP C TKUM QH HKTG QT GNGEVTKE UJQEMp
sxp 7DLGEV CPF 4KSWKF
syp ;GTXKEKPI o ,Q PQV CVVGORV VQ UGTXKEG VJKU RTQFWEV [QWTUGNH CU QRGPKPI QT TGOQXKPI EQXGTU OC[ GZRQUG [QW VQ FCPIGTQWU XQNVCIG QT QVJGT JC\CTFUp :GHGT CNN UGTXKEKPI VQ SWCNKHKGF UGTXKEG RGTUQPPGNp
szp ,COCIG :GSWKTKPI ;GTXKEG o =PRNWI VJKU RTQFWEV HTQO VJG YCNN QWVNGV CPF TGHGT UGTXKEKPI VQ SWCNKHKGF UGTXKEG RGTUQPPGN WPFGT VJG HQNNQYKPI EQPFKVKQPU}
Cp ?JGP VJG RQYGToUWRRN[ EQTF QT RNWI KU FCOCIGFp
Dp 1H NKSWKF JCU DGGP URKNNGFn QT QDLGEVU JCXG HCNNGP KPVQ VJG RTQFWEVp Ep 1H VJG RTQFWEV JCU DGGP GZRQUGF VQ TCKP QT YCVGTp
Fp 1H VJG RTQFWEV FQGU PQV QRGTCVG PQTOCNN[ D[ HQNNQYKPI VJG QRGTCVKPI KPUVTWEVKQPUp ~FLWUV QPN[ VJQUG EQPVTQNU VJCV CTG EQXGTGF D[ VJG QRGTCVKPI KPUVTWEVKQPU CU CP KORTQRGT CFLWUVOGPV QH QVJGT EQPVTQNU OC[ TGUWNV KP FCOCIG CPF YKNN QHVGP TGSWKTG GZVGPUKXG YQTM D[ C SWCNKHKGF VGEJPKEKCP VQ TGUVQTG VJG RTQFWEV VQ KVU PQTOCN QRGTCVKQPp
Gp 1H VJG RTQFWEV JCU DGGP FTQRRGF QT FCOCIGF KP CP[ YC[p
Hp ?JGP VJG RTQFWEV GZJKDKVU C FKUVKPEV EJCPIG KP RGTHQTOCPEG o VJKU KPFKECVGU C PGGF HQT UGTXKEGp
s{p :GRNCEGOGPV 8CTVU o ?JGP TGRNCEGOGPV RCTVU CTG TGSWKTGFn DG UWTG VJG UGTXKEG VGEJPKEKCP JCU WUGF TGRNCEGOGPV RCTVU URGEKHKGF D[ VJG OCPWHCEVWTGT QT JCXG VJG UCOG EJCTCEVGTKUVKEU CU VJG QTKIKPCN RCTVp =PCWVJQTK\GF UWDUVKVWVKQPU OC[ TGUWNV KP HKTGn GNGEVTKE UJQEMn QT QVJGT JC\CTFUp
trp ;CHGV[ +JGEM o =RQP EQORNGVKQP QH CP[ UGTXKEG QT TGRCKTU VQ VJKU RTQFWEVn CUM VJG UGTXKEG VGEJPKEKCP VQ RGTHQTO UCHGV[ EJGEMU VQ FGVGTOKPG VJCV VJG RTQFWEV KU KP RTQRGT QRGTCVKPI EQPFKVKQPp
tsp ?CNN QT EGKNKPI 5QWPVKPI o <JG RTQFWEV UJQWNF DG OQWPVGF VQ C YCNN QT EGKNKPI QPN[ CU TGEQOOGPFGF D[ VJG OCPWHCEVWTGTp ttp 0GCV o <JG RTQFWEV UJQWNF DG UKVWCVGF CYC[ HTQO JGCV UQWTEGU UWEJ CU TCFKCVQTUp 0GCV TGIKUVGTUn UVQXGUn QT QVJGT
RTQFWEVU kKPENWFKPI CORNKHKGTUl VJCV RTQFWEG JGCVp
K6GC>C<5 +JCPIGU QT OQFKHKECVKQPU VQ VJKU WPKV PQV GZRTGUUN[ CRRTQXGF D[ VJG RCTV[ TGURQPUKDNG HQT EQORNKCPEG EQWNF XQKF VJG WUGT^U CWVJQTKV[ VQ QRGTCVG VJG GSWKROGPVp
CDI:5 <JKU GSWKROGPV JCU DGGP VGUVGF CPF HQWPF VQ EQORN[ YKVJ VJG NKOKVU HQT C +NCUU * FKIKVCN FGXKEGn RWTUWCPV VQ 8CTV sw QH VJG .++ :WNGUp <JGUG NKOKVU CTG FGUKIPGF VQ RTQXKFG TGCUQPCDNG RTQVGEVKQP CICKPUV JCTOHWN KPVGTHGTGPEG KP C TGUKFGPVKCN KPUVCNNCVKQPp <JKU GSWKROGPV IGPGTCVGUn WUGUn CPF ECP TCFKCVG TCFKQ HTGSWGPE[ GPGTI[ CPFn KH PQV KPUVCNNGF CPF WUGF KP CEEQTFCPEG YKVJ VJG KPUVTWEVKQPUn OC[ ECWUG JCTOHWN KPVGTHGTGPEG VQ TCFKQ EQOOWPKECVKQPUp 0QYGXGTn VJGTG KU PQ IWCTCPVGG VJCV KPVGTHGTGPEG YKNN PQV QEEWT KP C RCTVKEWNCT KPUVCNNCVKQPp 1H VJKU GSWKROGPV FQGU ECWUG JCTOHWN KPVGTGHGTGPEG VQ TCFKQ QT VGNGXKUKQP TGEGRVKQPn YJKEJ ECP DG FGVGTOKPGF D[ VWTPKPI VJG GSWKROGPV QHH CPF QP n VJG WUGT KU GPEQWTCIGF VQ VT[ VQ EQTTGEV VJG KPVGTHGTGPEG D[ QPG QT OQTG QH VJG HQNNQYKPI OGCUWTGU
o:GQTKGPV QT TGNQECVG VJG TGEGKXKPI CPVGPPCp
o1PETGCUG VJG UGRCTCVKQP DGVYGGP VJG GSWKROGPV CPF TGEGKXGTp
o+QPPGEV VJG GSWKROGPV KPVQ CP EKTEWKV FKHHGTGPV HTQO VJCV VQ YJKEJ VJG TGEGKXGT KU EQPPGEVGFp
o+QPUWNV VJG FGCNGT QT CP GZRGTKGPEGF TCFKQ <> VGEJPKEKCP HQT JGNRp
